JPMorgan Sued for Allegedly Enabling $328 Million Crypto 'Ponzi Scheme'
The lawsuit claims JPMorgan Chase should have done more to prevent a customer from allegedly pulling off a massive crypto fraud.
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The lawsuit claims JPMorgan Chase should have done more to prevent a customer from allegedly pulling off a massive crypto fraud.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
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JPMorgan allegedly served as the “exclusive vehicle” for a $328 million crypto Ponzi, funneling $253 million into Goliath Ventures.
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